Tax Evasion

Tax evasion is the illegal evasion of taxes by individuals, corporations, and trusts. Tax evasion often entails taxpayers deliberately misrepresenting the true state of their affairs to the tax authorities to reduce their tax liability, and it includes dishonest tax reporting, such as declaring less income, profits or gains than the amounts actually earned, or overstating deductions. Tax evasion is an activity commonly associated with the informal economy. One measure of the extent of tax evasion (the "tax gap") is the amount of unreported income, which is the difference between the amount of income that should be reported to the …

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Publications

Greens/EFA · 3 August 2022

Greens/EFA MEPs working on tax evasion and money laundering have today released a series of proposals to prevent Russian oligarchs from abusing EU structures to hide their wealth. Read the proposals here


NCFA · 18 May 2022 English

Policy and Regulatory Considerations for Foundational Elements 34 Authors and Contributors This note is part of a series of technical notes developed for the “Fintech and the Future of Finance” …

systems, which can leverage technology to reduce tax evasion, increase revenues, and also increase access


NCFA · 18 May 2022 English

Pangestu Managing Director of Development Policy and Partnerships World Bank viii Acknowledgements This Overview Paper distills the key findings and messages of a series of technical notes developed for the …

regulated intermediaries, may make identifying tax evasion and enforcing capital flow controls more difficult


15 May 2022 English

Cover Front The shaded areas of the map indicate ESCAP members and associate member* The Economic and Social Commission for Asia and the Pacific (ESCAP) serves as the United Nations’ …

Mauritius, a strategy used by Indian companies for tax evasion and, in some cases, money laundering (Aykut and rates, and therefore is basically a case of tax evasion.27 Tax havens facilitate the practice of transfer 27 The difference between tax avoidance and tax evasion is that the former is the legitimate minimizing and poverty reduction – negative effects 2.14 Tax evasion through transfer pricing plus pressure on government related to immigration, environmental degradation, tax evasion or health and safety problems, each agency tries


PMCG · 14 May 2022 English

Stakeholders of adventure tourism are also concerned about the tendency of the qualified guides' outflow from the country, associated with the negative expectations among employees towards the stability of the …

associated with money laundering, including tax evasion, fraud, and report them to the appropriate authorities


13 May 2022 English

721 Inside&cover MSME POLICY GUIDEBOOK FOR MSME DEVELOPMENT IN ASIA AND THE PACIFIC i CONTENTS ii POLICY GUIDEBOOK FOR MSME DEVELOPMENT IN ASIA AND THE PACIFIC 2ND EDITION The shaded …

Reduction in the tax burden may result in reduced tax evasion and increase the voluntary compliance of Separately their design and formalization and minimize tax evasion practices. introduction can lead to undesired


Financial Stability Board · 9 May 2022 English

Where eligibility requirements to access the OCW frameworks apply, they mainly relate (often on the basis of a restructuring and/or payment plan) to: the duration of business activity; the assessment …

carefully consider measures to avoid fraud and tax evasion. If not carefully drafted, schemes to foster


NCAER · 3 May 2022 English

Page | 6 A third rationale sometimes heard for CBDC issuance is to enable the central bank and the government to retain control of the payments system in the face …

concerns as well as scope for money laundering and tax evasion? In what sense would a CBDC lead to a more efficient


ISW · 3 May 2022 English

The necessity of technolog- the capital of the Northern Song dynasty, in 1126 ical and organizational adaptations contributed to BCE was an inflection point of the era and marked the …

connected data challenges including fraud detection, tax evasion, situational awareness, real-time recommendations


29 April 2022 English

Reclaiming our future A common agenda for advancing sustainable development in Asia and the Pacific A COMMON AGENDA FOR ADVANCING SUSTAINABLE DEVELOPMENT IN ASIA AND THE PACIFIC The shaded areas …

Multi-stakeholder debt discussions 55 Combating tax evasion and harmful tax practices 56 References 57 CHAPTER combat illicit cross-border financial flows and tax evasion. Responding to the pandemic, Asia-Pacific Governments tackle illicit cross-border financial flows and tax evasion. In this regard, the Sustainable Development combat illicit cross-border financial flows and tax evasion. The Commission is ready to serve Having reached combat illicit cross-border financial flows and tax evasion. The COVID-19 pandemic has had a major economic


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